A bullet train at Haikou station in Hainan province.The railway is among formerly “untouchable”, strategic and SOE-dominated sectors being opened up for mixed ownership as part of a pilot reform programme in China. Photo: Xinhua
Could SOE reform in China usher in the next economic revolution?
G. Bin Zhao says Beijing’s focus on a faster overhaul of state-owned firms, including pioneering moves such as mixed ownership in key sectors, is a testament to their long-term potential
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State-owned enterprises
A bullet train at Haikou station in Hainan province.The railway is among formerly “untouchable”, strategic and SOE-dominated sectors being opened up for mixed ownership as part of a pilot reform programme in China. Photo: Xinhua